2026
reporting yearFinancials
Revenue—
OpEx—
FTE—
Market cap (FY-end)—
Climate
Scope 1—
Scope 2 (market)—
Scope 2 (location)—
Scope 3 total—
RVBA-EQIX▲Listed
Equinix
Real Estate & REITs·Specialty
EQIX (NASDAQ)·Redwood City·US
Verified credentials
SBTi Validated1.5°CCDP Listed
Company website
Decarbonisation trajectory · all scopes
Scope 1 + 2· base 2019 · 383k tCO2eScope 3· base 2019 · 1.3M tCO2e
Headline intensities
Reporting year 2023·Values in USD ($)
Peer cohort: Real Estate & REITs · lower is betterRevenue intensity
Carbon / $m revenue
185tCO2e / $m
Carbon per million dollars of revenue. The legacy industry-standard reference (CDP, MSCI). Useful for cross-sector context, but distorted by margin — high-margin firms appear artificially efficient. Read alongside the operational and asset intensities for the full picture.
Above median
better than 70% of peers
best 46.9n=7 peersworst 2.4k
Operational intensity
Carbon / $m OpEx
224tCO2e / $m
OpEx (operating expenditure) is the running cost of the business — staff, services, energy, materials. This shows how carbon-intensive operations are per million dollars of spend. Removes the margin distortion that revenue-based ratios introduce.
Top quartile
better than 75% of peers
best 224n=5 peersworst 3.7k
Economic intensity
Carbon / $m EVIC
16.6tCO2e / $m
EVIC (Enterprise Value Including Cash) is the firm's total capital footprint — equity + debt + cash + minority interest. The EU's standard intensity measure (SFDR PAI 3) — answers: how much carbon does each million of capital deployed in this business produce?
Top quartile
better than 75% of peers
best 12.9n=5 peersworst 192
Asset intensity
Carbon / $m PP&E + leased
70.4tCO2e / $m
PP&E (Property, Plant & Equipment) plus leased real-estate assets is the firm's physical infrastructure on the balance sheet. This shows the carbon intensity of that physical footprint — uses Scope 1+2+3 for consistency with the other headline intensities. Surfaces stranded-asset risk for asset-heavy firms.
Above median
better than 75% of peers
best 57.6n=4 peersworst 11.4k
Asset intensity (full)
Carbon / $m PP&E + leased S3
—tCO2e / $m
Carbon per million dollars of physical infrastructure — PP&E plus leased real-estate, including upstream and downstream leased emissions (Scope 3 categories 8 + 13). The most complete view of physical-asset carbon intensity, relevant for REITs and infrastructure-heavy firms.
no peer comparison yet
Climate action evidence
1 record · 1 sourceCarbon credits retired
No retirement evidence on file (third-party or self-reported).
Renewable electricity
2,484,617 MWh
106% of total electricity · EPA Green Power Partnership snapshotsource ↗
Sources
- · EPA Green Power Partnership
Registry retirements are direct evidence; commitments are forward-looking pledges. EPA snapshot covers FY2019–FY2020.
Targets
Near-term
5 targets| Scope | Base | Target | Reduction | Alignment | Progress | Status |
|---|---|---|---|---|---|---|
| Scope 1 + 2Absolute | 2019 | 2030 | −50% | 1.5°C | 31.3% reduction achieved vs 50% target (63% of the way there). Linear pace expects 18.2% by now. −31.3% reductionof −50% target · 63% there | On track |
| Scope 2 | 2019 | 2030 | −1% | 1.5°C | insufficient data | — |
| Scope 3Absolute | — | 2030 | — | NA | absolute-value target | — |
| Scope 3 | 2019 | 2025 | −66% | 0.0% reduction achieved vs 66% target (0% of the way there). Linear pace expects 55.0% by now. −0.0% reductionof −66% target · 0% there | Off track | |
| Scope 3Absolute | 2019 | 2030 | −50% | 0.0% reduction achieved vs 50% target (0% of the way there). Linear pace expects 22.7% by now. −0.0% reductionof −50% target · 0% there | Off track |
Long-term
2 targets| Scope | Base | Target | Reduction | Alignment | Progress | Status |
|---|---|---|---|---|---|---|
| Scope 1 + 2Absolute | 2019 | 2040 | −90% | 1.5°C | 31.3% reduction achieved vs 90% target (35% of the way there). Linear pace expects 17.1% by now. −31.3% reductionof −90% target · 35% there | On track |
| Scope 3Absolute | 2019 | 2040 | −90% | 0.0% reduction achieved vs 90% target (0% of the way there). Linear pace expects 21.4% by now. −0.0% reductionof −90% target · 0% there | Off track |
Net zero
2 targets| Scope | Base | Target | Reduction | Alignment | Progress | Status |
|---|---|---|---|---|---|---|
| Scope 1 + 2Absolute | 2019 | 2040 | — | In corporate strategy | absolute-value target | — |
| Scope 1 + 2 + 3 | 2019 | 2040 | — | 1.5°C | absolute-value target | — |
⚠ Some targets show progress vs the earliest extracted year as a baseline approximation. The real base-year value will be used once historical reports are extracted.
Progress · absolute tCO2e
Scope 1 + 2 trajectory vs target
Scope 1 + 2 · 50% by 2030 · 1.5°C
ActualLinear1.5°C
Scope 3 trajectory vs target
Scope 3 · 66% by 2025
ActualLinear1.5°C
Latest news· last 5 of 32
full news log →- 2025Strengthened climate risk assessment with quantitative model
- 2025EcoVadis Gold Medal achieved for first time
- 2025CFO retirement and succession announced
- 2025Acquired TIM NextGen DC Corporation (Philippines)
- 2024Q4 2024 Restructuring Plan and Equinix Metal Wind Down
